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the obama administration done enough on climate change and what do you want them to do in the next four years? >> i'm going to be candid with you, none of us have done enough. my comments about climate challenge was about some of what the governors are doing in the northeast and what we're doing along the coast of california and washington state that don't necessarily have oil and fossil fuel resources. >> i'm going to jump in because we're going we're having a little bit of a signal problem. it was breaking up so we apologize for that. let me go back to your point about environmental issues and global warming because you point out it was a huge issue in the campaign, something the president promised to do more. >> we haven't seen a lot of action in the first four years but i feel like there is a couple of issues on the wish list, if you will, that i feel like the obama administration hasn't engaged on. whether it is gun control or immigration reform, we haven't seen a serious immigration reform proposal with the examination of the dream act. there are these issues that the administrati
to focus on climate change. as the obama administration done enough of climate change? >> none of us have done enough. governors are no different than members of congress. we come from different regions of the country. my comment about climate change was more about what some of the governors are doing in the northeast and along the coast that do not necessarily half fossil fuel resources. >> we're having a little bit of a signal problem. we're going to have to fix that and come back to you in a couple of minutes. we apologize. let me go to your point about environmental issues and global warning. it was a huge issue in the campaign, something the president promised to do more in 2013 or 2014. >> we have not seen a lot of action. there are a couple of these issues on the liberal wish list that i feel like the obama administration has not quite in gauge on. whether it is gun-control or immigration reform. there are these issues that the end of lustration has not quite in gauge on. -- that the administration has not quite engaged on. >> it was likely a very strategic decision why some of the
the obama administration. the food stamp participation rate has risen by more than 13 million people. every single month of this year additional members, folks moving on to the roles of food stamps. it has become more expensive to run as well. in 2000 the food stamp program cost just under $1,000 per person. today the number has soared to $1,700 a person, 68 percent increase, double the rate of inflation. poverty rates continued arise. housing and urban development estimating there were 250-350000 people homeless on a typical night back at the end of 1983. this compares with an estimated 636,000 homeless at the end of last year going into the fourth year of the president's presidency. just think of all this expansion, all of the spending, the federal government over the course of almost three decades. it's what president ronald reagan promised to take on and rivers more than three decades ago. >> we are a nation that has the government cannot the other way around. and this makes as special among the nations of europe. our government has no power, except that granted it by the people. it is
're not describing the obama administration. >> have not been so many tactical adjustments on the part of the obama administration. what we are seeing is at least one step backwards for every to step forward the obama administration seems to be mostly in full ford motor here's the thing. when you are talking about what they're doing these of the protesters and accommodating their concerns, but when you talk of what they're doing with this peace agreement with israel, when you talk about what they're doing with respect to cease-fires and a mosque, this is all temporary. it will not, i believe, be the long-term policy of the muslim brotherhood because they are committed to war against us. i mean, we have that from their own documents. the destruction of this country, western civilization. it sounds crazy, but that is their strategy. we are clear that they are dead set against israel. their franchise seek the deruction of israel. and these are simply adjustments on the road to that long term set of goals. lou: us talk about a couple of quick adjustments, some adjustments, quickly, if we may. let me tu
of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of continuing the tax breaks for the wealthy. now there's been very little progress here on chiapitol hill which is why so many have gone home. we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many lawmakers headed home and likely to face the ire of their constituents, we saw one protester in baltimore yesterday over social security. there are a few left. today there's a joint economic committee hearing. they're going to hear from a top economist not only about the jobs numbers coming out tomorrow but also about what can be done to avoid this issue at the end of the year. >> tracie potts for us in washington.
, just really during the obama administration. the message that the u.s. has to send out has to be clear but what kind of, what kind of stick do we have to go with our words? >> well i think we've got to convince china and i concede it is an arduous task, but i think we have to convince china their own security long term depends on ending the north korea's nuclear weapons program. china could do that alone if it wanted to. it supplies 90% of the north korea's energy and substantial amounts of food to keep the north korean population there instead in china. but china has not been willing to do that because it fears that the regime would collapse and the peninsula would reunify. that's what we need to convince china long term it is in their interests. if north korea's nuclear weapons program goes on other countries in the region, japan, south korea, taiwan and others are themselves going to look whether they want nuclear weapons which would obviously make the entire region much more unstable. jon: and for those who wondered whether kim jong-un had staying power as leader of north korea, he
, pre-existing conditions. so this is basically a way for the obama administration to cover the cost of those that come in to the health care exchanges, come in on the new insurance plans. this obviously will be passed on not just to businesses but to those that work for major corporations of the country that are paying for medical insurance. no if's and's or but's it will happen in 2014. >>neil: folks say they have been hiking premiums anyway so who says they will add this increase on, it will be baked into the increase. you say not necessarily so, it will be an add on, on top of that written? >>guest: it is written in the legislation in the health care legislation, as an additional fee. it is buried if thousands of pages of regulation that many companies, many lawyers across the country, are going through to find out what the health care law will mean whether you are a small business or a big business. at the end of the day it will have to be passed on to the individual. at this point it looks like 190 million americans. the obama administration says this is a temporary fix because
. the obama administration wants to send a clear message that while it supports syria's coalition opposition, to lead syria's democratic transition when the assad regime falls, there is no place for extremism in the country's future. so you see these parallel actions. recognizing the opposition formally but at the same time labeling certain parts of it as, you know, terrorists. so that's an important distinction there. and all eyes are glued to whether chemical weapons will be used or not. >> as you can allude to, they're opening the door for that possibility down the road. but responsibly. >> and we should point out that the full interview with president obama and the first lady will air on friday on "20/20" and "nightline." a cool tradition that barbara gets to sit down in the white house during the holidays and talk to both. certainly no shortage of topics as 2012 winds down. >> but yet the platform is not like she gets extended time for it. "20/20" is still the same amount of time, even though topics are -- >> we'll be back. stay with us. >>> well, this is big. there's a potential breakt
states, considering it to be the movement of chemical weapons to extremists and obama administration said their trigger for action would be any move by syria to use the weapons. >>gregg: how about this, could michelle obama have a future in our political insiders will weigh in on that. >>heather: and a guaranteed investment, but why are so many investors turning their back on gold at this time? gold at this time? that is ahead. only citi price d automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi pr♪ e rewind. ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>heather: turning now to your money, gold. it has been seen as a safe investment in tough times with prices soaring but it could be losing some of its luster. we will bring in brenda who will
, so a pretty clean case here, an even the obama administration has already said it doesn't think the constitutionality of the defense of marriage act can withstand a legal attack. >>> the second case the court decided to take on is proposition 8, the california ballot initiative adding a state constitutional amendment in 2008 that said only marriage between a man or woman is valid or recognized in california. it overturned a court ruling that said same-sex couples have a right to marry. the cases are likely to be heard in march and decided some time in june. randi? >> joe johns, thank you very much for that. we'll be right back. >>> some are calling it the next "roe v. wade" or brown versus board of education. the issue the u.s. supreme court agreed to take on that will make history. >>> all of those who argued for non-intervention because of the things that might happen have now happened because we failed to intervene. >> when is enough enough? that is the question many are asking about syria as the death toll climbs and concerns mount over chemical weapons. now some lawmakers a
today some members of the obama administration met with members of congress to discuss the libyan chaos. this story just drip, drip, drip. but in egypt things are getting very intense. as thousands of protesters demonstrate against the muslim brotherhood trying to seize totalitarian powers in that country as we predicted they would. sadly many measures don't care about what happens over seas but author brad thor who writes contemporary thrillers believes there suspect more to the libyan situation than we know. there thor, the author of the book blacklist joins us now from chicago. what's your headline here, brad? >> well, my headline is next week it's going to be three months since the killing of ambassador stevens and we don't know any more now than we did three months ago. and that is not good for our republic. >> bill: do you see because you research your buicks fairly thoroughly. the key to selling books in your genre is to make them realistic that people who read them go you know, this could really happen. so when you are looking at what happened in benghazi, libya, what are the qu
is i thought you said your organization predated the obama administration. guest: the reference to the word "forward" and how do you obama administration used in the campaign, but we have been named in 2009. host: he was saying before the reelection campaign. caller: the small business groups you represent, where their feelings about tax reform, and specifically what they support a national sales tax? i supported in gary johnson. regarding the affordable care act, will your membership consider abandoning -- providing health care or health insurance for employees and letting them deal with these exchanges in order to save money? my understanding is the affordable care act is onerous on small business. thank you. guest: . right. just to clarify, we are trying to help business leaders like you speak for yourself. we do not take positions on particular provisions. if we are doing something on the affordable care act for tax reform in general, our job is to bring as many talented business people as beacon to washington and have them speak for themselves -- as we can to washington to
to the ongoing violence in syria. in a major diplomatic shift for the united states, the obama administration is now formally recognizing the syrian rebels in an effort to put an end to president bashar al assad's rule. president obama made the announcement in an interview with abc news just hours before a meeting of syrian opposition leaders and their international allies in morocco. >> we've made a decision that the syrian opposition coalition is now inclusive enough, is reflective and representative enough of the syrian population that we consider them the legitimate representative of the syrian people in opposition to the assad regime, and so we will provide them recognition. and obviously, with that recognition comes responsibilities on the part of that coalition -- >> that's a big step. >> it is a big step. there is a small element of those who oppose the assad regime that are, in fact, affiliated with al qaeda in iraq, and we have designated them as a terrorist organization, and we are going to make clear to distinguish between those elements of the opposition. >> well, despite recogni
marijuana law, the obama administration is considering ways to crack down on the reforms. top officials are looking at how to use the federal government to reverse the impact of the new laws, according to a report in "the new york times." now the options include denying federal grants to states that legalize pot, aggressively prosecuting pot users in those two states under the federal laws, or most controversially, just taking these states to court. then the administration could get a formal ruling that the federal laws against pot just cancel out these new state laws. all those proposals are premised on fighting against the new politics and spirit that has been take hold in these states. but the obama administration could also embrace this as a moment to rethink the entire drug war. it could ask congress to at least lower marijuana's current classification as a schedule 1 substance. that is the anachronistic and grave category for drugs like heroin, which have no prospect of safe or medical use. or look, the administration could do for pot what it did for children of undocumented worke
in the obama administration, but you were, most recently, one of president obama's principle surrogates in the spanish language media. what did the election look like from your point of view? what can you tell us that we didn't read in the newspaper? you know, from your personal experience, tell us what happened. >> i think the way to understand, kind of my role of the surrogate this year, is in juxtaposition to four years ago. basically played the same role in 2008 and 2012 #. the fascinating thing for me as i emergedded from government and went back out into campaign land was the proliferation of spanish media outlets. in 2008, spanish language media essentially met national spanish language media, which was two. local media in south florida, and that's pretty much the sum total of what -- of the outlets i hit over and over and over and over again four years. this time, i ended up doing media in, again, the national, mundo, and c-span espanol has a bigger foot print, and in ten states, i did radio in iowa and ohio, in north carolina, in virginia. obviously, in florida, but in nevada a
administration, but you were most recently president, one of of president obama's principal surrogates in spanish-language media. what did the election look like from your point of view, you know, what can you tell us about that we didn't read in the newspaper, and, you know, from your personal experience, tell us what happened. >> i think the way to understand kind of my role as a surrogate this year is in juxtaposition to four years ago. i basically played the same role in '08 and '12 in terms of outreach to spanish-language media on behalf of the president and then-candidate. and the fascinating thing for me as i emerged from government and went out, back into campaign land was the proliferation of spanish-language media outlets. in 2008 spanish-language media essentially meant national spanish-language media which was two, univision and telemundo. a little bit of cnn in espanol. and local media in south florida. and that's pretty much the sum total of what, of the outlets that i hit over and over and over and over again four years ago. this time i ended up doing media in, again, the national,
recorded in the obama administration. not twice as large than the largest deficit in american history. not three times as large as the largest deficit in american history. but almost four times larger than the previous largest annual deficit in american history was the first year deficit recorded in the obama administration. we tip, that was the first time ever we run trillion dollar deficits, we continue to run trillion dollar deficits throughout that time. tax policy hasn't changed during that time. tax policy is exactly the same. you hear in the newspaper all the time, mr. speaker, the bush tax cuts. i don't know that that has meaning anymore. in 2001 and 2003 we did do some dramatic changes to tax policy. president obama extended all of those changes in 2010. that's the law of the land still today. tax policy has been exactly the same over this continuum. what has changed, mr. speaker, what has changed is the spending. the reason deficits have grown not one, not two, not three but almost four times larger than the previous record deficit in american history is not because tax poli
. >> reporter: and just why would the obama administration balk at enforcing federal laws that have been on the books for decades. there is the political consideration. >> here you've got two states that went for president obama, colorado was a swing state. the people of those states have spoken and for the federal government now to come in and say, we want to quash your popular mandate, there are political risks to doing that. >> reporter: there is also some precedent from medical marijuana, which is already legal in 18 states and the district of columbia. but don't think that even medical marijuana is exempt from possible department of justice scrutiny. a case decided by the supreme court during the bush administration says the feds can go after that too. president obama also said earlier this year that we're not going to be legalizing weed anytime soon. joe johns, cnn, washington. >> joe, thank you very much. >>> egypt's president is trying to diffuse the biggest crisis he's faced. about an hour ago, mohamed morsi canceled a decree giving him sweeping powers which ignited furious demo
an actual proposal from the obama administration. again, i think this is just a little distraction, a bobble that they're dangling in front of the republicans. but if we got the rate down to 28%, it depends on how they're, quote, paying for it, unquote. and if they make our world wide tax system worse, if they force companies to declare investment expenses as taxable income, that's going to bias the system against new call tapital. there's all sorts of bad ways to finance it. on the other hand, if they're getting rid of the ethanol loophole and all that, it's good news. i don't trust the white house because their track record is so far to the left. >> you're not trusting them, i get that. what about this sort of conundrum. supposed they did drop the corporate tax rate from 35 to 28 and pay for it with loophole closures and put that aside. if you're a small business, you might still be sitting with higher tax rate because the upper end tax rates are going up. a small business subchapter s may be at 40% or 44% with obama care, while the c-corp rate goes down to 28%. now there's something wrong
-nook swooped in to acquire nexen for a cool $15 billion. note to the obama administration, it is not happening in a bubble. last year you'll recall the obama administration put off a decision on the excel pipeline, an extension of a pipeline that would connect the oil in alberta to the gulf of mexico and international markets. the democrats killed it because of concerns from environmentalists. the proposed route crossed the aquifer in nebraska and white house and state department officials could have just insisted on rerouting the pipe, but they didn't. a bad move, one that was highly thought to play to the president's base. now that the elections are over, a review of a new route will begin sometime next year. the leakages of that pipe were a minor concern, though it got all the headlines. a more legitimate environmental concern is carbon emissions. processing crude that is mined from the oil sands emits double the emissions of regular drilled oil. but oil sands still -- that still scarce, oil is still scarce, the chinese lead lots of it, and the canadians have lots of it. president obama cam
declared a terrorist organization by the obama administration. it's a fierce group of fighters waging a deadly battle against bashar al assad. cnn's arwa damon who has spent time in syria reports that other rebels don't agree with al nusra's politics but admire the group's determination to get rid of the assad regime. >> potential threat of a chemical weapons attack by the syrian regime forces nato to rely on rebels who may or may not be trustworthy to secure these stockpiles. brian todd looks into this part of the story. >> reporter: there's enough chaos afoot to alarm western officials about what may happen to the munitions. a senior u.s. official and top diplomat tell cnn, the u.s. and its allies are using defense contractors to train syrian rebels on how to secure chemical weapons stockpiles. our sources say the training is taking place in jordan and it,ky. they tell us the syrian rebels are being trained on how to monitor and secure stockpiles but also on handling the weapons sites and weapons materials. >> how dicy is it to train syrian rebels on actually handling the materials?
in washington. the big story is order from the obama administration to pentagon to get ready for sequestration. tonight on "special report," for the first time, the defense department and other agencies are told to start planning for massive spending cuts that will automatically kick in, if a budget deal is not reached. we take look at what the specific cuts would do to the nation's defense capabilities. you heard a lot lately about possibly curtailing tax deductions as a way to raise revenue the president said republicans want to eliminate charitable deductions. we'll see if it's true to get the latest on the cliff negotiations. president and speaker boehner talked today by phone. syrian president bashar assad sent an envoy to several latin american nation to scout location for asylum. special senators from at 6:00 eastern. back to my colleagues with "the five." ♪ ♪ >> kimberly: treb story of the homeless man given boots from cop on cold night in new york city last month? it turns out he is not hom homeless. jeffrey and the nypd officer became internet sensations after a photographer snap
is the largest jailer per capita in the world. we are hoping the obama administration will take opportunity on second administration lame duck working on legacy to say hey, the voters -- the citizens voted in these two states. let's let the states work it out. >> geraldo: that's vivian mcpeak and trip keebler weren't you a federal prosecutor in that very office? >> i'm going to tell you they are not going to let this go and happen in the state. no, the feds can come in, as you know, as you just said and trump anything that the state does. >> controlled substances abuse act into federal law? >> right. when i was a federal prosecutor we had a zero tolerance program came in from the border of canada. put in jail for a day. record was expunged. little bit of a sign. >> >> do you think the fed are going to do that even the majority. >> attorney's office, yes. >> you have got 18 states passing medical marijuana already. a third the american people. isn't the writing on the wall here, this prohibition of marijuana is over? >> i really think is, look. you do as he says federal government. look if w
effect an estimated 190 million americans. the obama administration took 25 billion is designed to raise to go toward insurance companies with the cost of covering uninsured six people january 1st of 2014. they can't be turned away. 5 billion will go to shoring up employers wanting coverage for early retirees. employers say for large companies to see where they have 10's of millions of dollars. they are already recovering their employers. they are poniying up for people who have the insurance market. the program is intended to quote reduce unreimbursed usage of medical facilities by the uninsured and lower medical premiums overall. this is part of a bigger package of taxes and fees to finance expanding coverage to the uninsured. it comes to $700 billion over ten years. this fee is supposed to decline. cop gres doesn't decide to extend it based on the system. once they find it they do away with it. sthooivengs for fox business. >> still ahead are you holding off on getting the flu shot because you feel a little sick. doctor seigel says he is separating the facts from the fiction. >> calif
every year of the obama administration and now, we're at historic highs. the same as we were five years ago. the difference is, our spending has increased a trillion dollars. >> yeah, but a lot of that spending is things to help the economy. it's the payroll tax cut extension, which your party supported. it's extending unemployment benefits. it's things like that. t the war. >> that's going to be the challenge of the whole perspective. we've got two philosophies. one says we're spending too much. the other saying we're not spending enough. that's hurting our economy. obviously, the last four years have been more focused on the spending. we continue to pile up more and more debt, we've crossed 100% of debt to gdp. >> but you're line of thinking, the tax side, so we end up spending more thanks to democrats and the country is going to a worst place. >> the context is really important on this. in 2003 when tax rates were brought down. and then in 2010, we were still in a bad place, the president and democrats said the economy's weak, we can't raise taxing on anybody, including the upper 2%
? >>> plus, sudden about face from the obama administration on school lunches. why? because of a silly viral video. >>> and the life of robbie shankar. the legacy of a beatles mentor and the father of norah jones. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. >>> the road trip one war veteran was taking was supposed to be about fun, and relaxation, but turned into torment and threats against jon hammar and his family. you see, for the last four months he has been in this mexican jail for allegedly trying to take an illegal weapon into the country. the weapon here, this was the family heirloom, a shotgun he intended to hunt with and he even got paperwork from the u.s. customs to take it across the border into mexico. but mexican offic
permitted by the obama-care administration to map out exactly how and 8.2% cut, which is about the equivalent of a 12% cut because the fiscal year is about one- quarter old by the time they kick in, so it is more abrupt than people think. these program project activity accounts, each would have to be cut by 8.2%, and only last week did the obama administration give permission to the pentagon and other agencies to start publicly discussing and calculating exactly how many people, programs and services might have to be current. host: right wing on twitter -- "how much of the federal budget increased over the last 10 years?" guest: 10 years -- the budget is $3.5 billion now. i think it is one-third higher than it was that during the bush administration, but i would have to go back to the clinton era. i would have to look that up. host: from twitter, c-dog wants to know what percentage of welfare and snap make up the budget? 13% of safety net programs -- is sitting at programs. the virginia. michael. caller: first, i want to say hello to mr. clarke, you and everybody at "washington
construction in california and the obama administration's high-speed rail program. transportation secretary ray la hood testifies about the $10 billion already spent with the goal of providing 80% of americans with access to high-speed rail within 25 years. this is just over three hours. >> good morning. like to call this hearing to order. today is another one of our hearings and focused on passenger rail in the united states, and this is an oversight hearing, which we conduct at the full committee level. pleased to welcome everyone to this hearing, and this opportunity to review the progress of high-speed rail in particular today, and the title of the hearing is, an update on the high-speed rail and inner city passenger rail program, mistakes made and lessons learned is the title. the order of business is we're going to hear members' opening statements from the committee. then our first panel will actually be two members who we'll welcome and hear their commentary, both of them from kaz, -- from california, leaders in the congress, we're pleased to welcome. and then we'll have the secretary in
're willing to do this. is this the fight that the obama administration really wants to take up freshly inaugurated, freshly into its new term to try to map out big, bold leadership instead of digging these trenches down the line that are going to have pitfalls and stakes all buried in it? >> i come from the school of thought that this country has overcome a lot more than just a few extra dollars. i do believe that this economy will continue to thrive, this economy will continue to move forward. i don't believe that we're going to go into a huge, deep recession again if these bush tax cuts expire. i do believe that you can strengthen the economy if you let everything go off the cliff and come back and put in front of the american people and do a better job for the economy. there's up side either way you go. the president has got boehner in an untenable position. he doesn't have very many avenues to a victory right now but he's got a good escape, thomas. all john boehner has to do to exit out of this quickly is to say he won the election, we didn't, the american people in every survey sa
year in the obama administration, and now we're at historic highs. the difference is our spending increased a trillion dollars from five years ago, but the revenue is the same. >> a lot of that spending is things to help the economy, right? it's the payroll tax cut extension, which your party supported, right? it's extending unemployment benefits and things like that. it's the war. >> right. that's going to be the challenge of the whole perspective right now. we have two philosophies. one is saying we're spending too much and the other is saying we don't spend enough. obviously the last four years are spending more to stimulate. i'm not sure if that will work long-term. we've crossed 100% of debt to gdp. i don't think that gets better as you get higher. >> the only thing that confuses me about it, i feel like in a situation where all you do is keep cutting taxes and have a revenue problem, right? you give a tax cut to the middle class you don't want it to take it away from them. you keep giving out things p and you never take them back. >> well, that's the same thing we did on the
with the bush administration, but it rolls up with the obama administration. why would we want taxpayer dollars to subsidize ads for what should be limited to an anti-poverty program but has become this grandiose public welfare dependency. >> well, a few reasons. first, when you look at food stamps it's actually lowered the poverty rate for children. a majority of snap recipients are children and seniors and the disabled. it's done a huge effort to make sure kids don't go hungry. we are not talking about -- we're talking about making sure kids get the food they need. a majority of americans support this proposal. they support -- they don't want to see food stamps be cut as a way to balance the budget. we tried the other approach of ko kond sengs, blame and denial. it may have cost mitt romney the election. >> when i hear an advertisement from the department of agriculture that says so and so is using weight and losing weight, becoming thin and trim that has nothing to do with poverty, helping poor kids. it has nothing to do except the government expanding its reach to suck more people into a fe
of the obama administration. >> our concerns are that an increasingly desperate assad regime might turn to chemical weapons or might lose control of them to one of the many groups that are now operating within syria. >> syrian ground forces and rebels have been battling in and around syrian capital of damascus. it is now estimated that more than 40,000 people have been killed in violence in march 2011. >> just an atrocity there. >>> now to the pink slips at citigroup. the company is slashing 11,000 jobs worldwide. about 4% of its work force. more than half of those cuts will come from consumer banking. and they are aimed at saving $900 billion next year alone. investors were apparently pleased. because citi stocks shot up more than 6%. >>> and the world's biggest coffee chain is about to get even bigger. starbuck's is planning to add 1,500 cafes across the country over the next five years and another 1,500 in canada and latin america. the company has big expansion plans in china. there are currently more than 18,000 starbuck's around the globe. they're now charging $7 for the snazzy cup
morsi under a microscope, has been for some time. in the washington post say, the obama administration has been morsi's main enabler. what with role should this country play in egypt? >> look, i think we're going to have to walk a very fine line. on one hand, we could cut aid and condition assistance on democratic behavior, but then again, we're going lose whatever influence we have. i mean, i would argue the following. number one, our assistance to the egyptian military needs to continue, otherwise you might just as well hang a closed for the season sign on american influence in the country. at the same time, i do believe we should begin to start conditioning american economic systems on morsi's democratic behavior and performance. number three, we really ought to start speaking out and up much more loudly than we have in the past. morsi was due to come here this month. he's not coming. it's just as well. if, in fact, he comes in january, i'm not even persuaded that visit shouldn't be held or conditioned on the reality of trends within egyptian society on morsi's part that are much mo
and said he full ly sports same-sex marriage. the obama administration has refused to defend the defense of marriage act. john boehner and eric cantor are still doing it, but the administration is not. the department of justice is not. they said they don't believe in the defense of marriage act any more and they wereare not going to defend it and they hope congress over turns it. george will said here is one of the reasons why politically it has changed. >> they can say it's now safe to look at this because there is something like an emerging consensus. quite literally, the opposition to day garianingmarriage is dying. it's old people. >> it's old people. they are dying off. >> that's an accurate way to put it. >> bill: you talk to young people today. they don't have a problem with it at all. no. you know. i mean a lot of older people too, and a lot of -- but -- and a lot of republicans and democrats. you know why? it's your brother. it's your sister. it's your cousin. it's your aunt. i mean these are family members we are talking about. they are not ma
: the obama administration is now cracking down on states refusing to comply with health care reform. the white house announcing any state that refuses to fully expand medicaid to required levels will not receive full funding under obamacare. this as we learn another state, tennessee, has joined more than a dozen others in opting not to create a state-backed insurance exchange. brad blakeman, former deputy assistant to president george w. bush. brad, is this because the rollout with obamacare is not exactly going as planned? >> you bet. when only 13 states opt in to medicaid expansion. nine states say they won't. there are a bunch of states sitting on the sidelines freting how they will be able to absorb this kind of cost. it is economic duress on part of the administration. they feel only way they can expand their coverage is threatening the states with funds. fact the matter, rick, 70 million people on medicaid. largest expansion of additional 17 million under obamacare. the states can't afford it. 25% of their current budgets are going out to medicaid. and that is going to blow th
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